close
close

Mondor Festival

News with a Local Lens

Aron Levitz named co-president of Wattpad as #CDNtech leadership turnover continues into fall
minsta

Aron Levitz named co-president of Wattpad as #CDNtech leadership turnover continues into fall

Chexy, PureFacts, Carbon Upcycling and more are among the latest to shake up their C-suites.

In the latest wave of leadership changes in the Canadian tech sector this year, the Toronto-based company Wattpad has found a new co-president in one of its long-time leaders: Aron Levitz.

Levitz comes from Webtoon Studios, a division of Wattpad’s parent company, South Korean conglomerate Naver Corporation, where he has served and will continue to serve as president. He will serve as co-president of Wattpad alongside KB Nam and report to Junkoo Kim, founder and CEO of Webtoon Entertainment.

Founded in 2006 by Allen Lau and Ivan Yuen, Wattpad provides online self-publishing platforms that serve as a community for readers and writers. Naver Company acquireIred Wattpad in 2021 for CA$754 million, and later that year merged Wattpad Studios, the television and film adaptation division of Wattpad, and its own Webtoon Studios.

An alumnus of BlackBerry and which brought Wattpad’s online novels to libraries across the North. America.

“After seven years growing our entertainment and publishing business, I’m excited to take on a new role as co-president of Wattpad, supporting our authors on and off our platforms, and growing the global community that has made Wattpad such a special place online,” Levitz said in a statement.

Levitz’s appointment follows a season full of leadership changes in the Canadian technology sector, continuing a trend seen throughout 2024. Last week, Abtine Monavvari announced on LinkedIn that he was leaving his role as chief product officer at the house of Chexythe Toronto-based FinTech startup he helped co-found.

Although Monavvari did not provide a specific reason for leaving his position, he called the decision “bittersweet” and expressed pride in the startup’s achievements.

“Building this company alongside the best people has been an honor and the most rewarding experience of my life,” he wrote in his job. “Together, we moved mountains to turn painful rent payments into free travel, bigger savings and better credit for thousands of Canadians.

Chexy offers a platform that allows tenants to make their monthly rent payments via their credit card. The closed startup 4.1 million Canadian dollars in seed funding this year and is led by co-founder and CEO Liza Akhvledziani.

RELATED: Swift Medical among latest #CDNtech companies to appoint new executives as industry leadership turnover continues

Also last month, a Toronto-based revenue management tech startup Pure facts hired Pete Hess as president. Hess recently joined us as Chief Revenue Officer for the Americas at InvestCloud. In his new role, Hess will provide day-to-day leadership of the company’s operations with founder and CEO Robert Madej.

Founded in 1997, PureFacts provides revenue management solutions to wealth management, asset management and asset services companies. The company’s PureRevenue product allows users to calculate, collect, distribute and optimize their income.

This appointment follows PureFacts’ receipt of a majority investment from private equity firm GrowthCurve. The Globe and Mail reported the transaction valued PureFacts at $250 million.

In late September, a Calgary-based cleantech startup Carbon valorization has named Juliane Kniebel-Huebner as COO. She joins this role after serving as Director of Western Canadian Development at Capstone Infrastructure Corporation and Director of Operations at Genalta Power Inc.

Carbon Upcycling is currently developing a commercial carbon capture and utilization system with a large Canadian cement company. The startup was also recently named finalist in Hello Tomorrow’s Global Challenge, a startup competition focused on deep tech companies.

RELATED: Cardata Names Haywood Marsh CEO as Canadian Tech Executive Turnover Continues Through Summer

Stay in Calgary last month Katipult Technology has named Beth Shaw as its new CEO, succeeding Gord Breese. Shaw comes to this role with more than 30 years of experience in the syndication and equity markets. She previously held leadership positions with bank-owned and independent investment dealers, and has been a strategic advisor to Katipult since February.

Katipult develops software infrastructure for capital trading in equity and debt markets. The company said that as part of his compensation, Shaw was granted options on three million shares of the company at a price of 0.05 cents.

“As the industry continues to evolve, the adoption of strategic technologies remains increasingly important,” Shaw said in a statement. “I believe Katipult is positioned to provide a suite of cost-effective and timely services to help the investment community optimize workflows and improve service delivery to wealth and asset managers, institutional investors and investors. client companies.

In September, based in Toronto StackAdapt has hired Cassandra Hudson as its new CFO. She appears to replace Mehmet Shah, who, according to his LinkedIn, served in the role until July 2024 and now serves as senior vice president of finance.

Most recently, Hudson was CFO of since-acquired EngageSmart, where she built and led the strategic finance function, prior to which she was vice president of finance and chief accounting officer at Carbonite. Hudson’s appointment follows StackAdapt’s appointment of Darcie Henry as chief human resources officer, Ryan Nelsen as chief marketing officer, and Vitaly Pecherskiy as CEO.

RELATED: MindBridge headlines as many #CDNtech companies make leadership changes

In October, a Calgary energy data company geological has appointed Satvinder Flore as CEO and member of the board of directors, succeeding David Hood. Hood has assumed the role of Chairman of the Company’s Board of Directors and will continue to participate in the Company’s growth and strategic direction as a major shareholder.

geoLOGIC, which provides data, software and analytics to customers in the energy sector, said Flore has held senior management positions with several multinational companies in North America, Europe and Southeast Asia . Most recently, Flore was Executive Vice President, leading the energy, resources and industrial sectors for WSP Global Inc., a Canadian engineering consulting firm.

“Satvinder and I share a common vision for the future of geoLOGIC, and I am confident that he is the right person to lead our team to even greater success.” I look forward to working with him to that end,” outgoing CEO Hood said in a statement.

Throughout 2024, Canadian tech companies have seen a steady stream of leadership changes, with dozens bringing in new faces or parting ways with longtime leaders. The list includes Bounce, Mental bridge, Ratehub, NowVertical, Top hat, Detach, Cinchy, Alidaand many more.

Featured image courtesy Unsplash. Photo by Charlesdeluvio.